Building a Better India – Part 6: Fast track clearances
June 16, 2014
While the environment is a priority for the nation, it cannot be used as a ruse to stall projects that become politically inconvenient
Dalbir Chibbar
The high GDP growth from 2004 to 2010 was led by the service sector and not by agriculture and manufacturing. Such high GDP was unsustainable in the long term and that is what happened. Historically all developed nations have first witnessed long periods of high agriculture and manufacturing growth which consequently led to growth in their service sector.